Please use this identifier to cite or link to this item:
|Title:||China's capability to control its exchange rate|
|Citation:||Lu, D. (2004). China's capability to control its exchange rate. China Economic Review 15 (3) : 343-347. ScholarBank@NUS Repository. https://doi.org/10.1016/j.chieco.2004.06.004|
|Abstract:||This paper discusses the Chinese monetary authority's capability to control the exchange rate of the Renminbi (RMB) by reviewing the key features of China's currency exchange regime. It highlights the fact that this regime not only allows the monetary authority to affect the range of exchange rate fluctuation through open market operations, but also enables it to directly influence the crucial elements of demand and supply in the foreign exchange market. In this light, we examine the recent measures taken by the authority to ease appreciation pressures on the RMB since the mid-2003.©2004 Elsevier Inc. All rights reserved.|
|Source Title:||China Economic Review|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on Feb 13, 2019
WEB OF SCIENCETM
checked on Feb 4, 2019
checked on May 26, 2018
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.